Ibstock Share Discussion Threads

[wynmck] 30/5/2019 11:17

tipped today in Shares mag

[wad collector] 23/5/2019 08:59

Just bought in at 245p ; I like a stock that produces something tangible not a service. Tipped last week.

[mortimer7] 09/5/2019 07:54

Ex divi today 6.5pps: hence the share price dip.

[hamblyr] 05/3/2019 21:15

Glad I kept half!

[mortimer7] 05/3/2019 09:55

Ibstock Share price has a 3.5% gain so far up at 260p on todays solid full year results. Also plans to improve the performances of its UK clay and concrete businesses in the years ahead.

[hamblyr] 22/2/2019 10:03

Sold 50% of the ones I got @ 2.04.

[hamblyr] 12/12/2018 20:55

I topped up at 2.04 on Monday. I'm optimistic on this one.

[mikealig] 05/12/2018 10:00

The housebuilders have also bounced back a bit so far today. Following yesterday's shameful shenanigans it does seem that a 'no deal' brexit is not on anyone's agenda.

[hamblyr] 05/12/2018 09:43

I can't see any reason for today's rise - just bouncing back to fair value?!

[sirgainalot] 23/11/2018 14:08

Things look to have turned a corner.

[cisk] 05/9/2018 13:19

Significant holder Vulcan Value partners has increased their holding from 5.5% to 10.1%, it’s an interesting fund:

“We are value investors but we don’t look for cheap stocks. We look for businesses with inherently stable values that can compound their values steadily over time. We get to know them very well before we buy them because they are overvalued, by our math, most of the time. On the rare occasions when they do become discounted, we can move very rapidly to take advantage of those discounts because we’ve been following the companies for many years, sometimes decades.

Our investment time horizon is five years and if we would not be comfortable owning a business for this time period, it does not qualify for investment. This is one of our competitive advantages”

The fund has done spectacularly well, clearly they think IBST is undervalued - so do I!

[marvelman] 16/8/2018 09:01

Should have said ex div 16th and need to be on the register as at 17th.

[marvelman] 15/8/2018 17:14

Ex div 17th...get your orders in!!

[smokybenchod] 07/8/2018 13:46

Get up you stock!!! Back in at 2.34 after selling way to early at £1.90ish after the brexit crash. Been kicking myself ever since. If it drops further following Thursday's results (as long as it's not another warning / no major issues), will top up.

[hamblyr] 31/7/2018 09:21

I've bought back in after selling in March @2.90. Agree this is over-done.

[jimbo3352] 30/7/2018 11:42

Agreed. The reaction does seem overdone for a short term blip. The intention to announce a supplementary dividend in August still stands

[mikealig] 30/7/2018 10:02

Just bought a few more of these. I really don't get the 10% fall on what I read as a very positive statement for the future. Very happy to hold. Barring external factors I'd expect these to largely recover in fairly short order. All IMHO

[mikealig] 30/7/2018 08:53

Overreaction to today's announcement IMHO

[hamblyr] 08/3/2018 08:11

I sold out this AM, took 112% profit and I sold as I new the funds for something else. I believe this definitely has further legs in it. Good luck all.

[mikealig] 06/3/2018 15:06

Excellent results and a nice hike in the dividend. Looks like they'll be generating plenty of cash going forward.

[mortimer7] 06/3/2018 10:55

Great time to be in this sector - UK not producing enough bricks to meet market demand, Ibstock increasing their output. Making hay whilst the sun shines.

[mikealig] 02/3/2018 11:13

Yes I wish I'd kept my mouth shut!!

[mikealig] 27/2/2018 09:38

Looks like this is building up a nice head of steam ahead of the results out next Monday. Hopefully they will show that everything's on track.